PGIC (PROGRESS GAMING I)

Zecco.com
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Why I Love This Stock

By:barrons2

Date:11 10 07

Accumulate - Price 4.51 on Nov. 6
by Think Equity
Progressive will settle the outstanding Webb litigation [involving a British gaming company] for $20 million in cash...eliminat[ing] the overhang on the stock and enabl[ing] PGI to allocate more resources toward core systems business...our 5 price target is based on 3 times enterprise value/fiscal-year 2008 estimated revenue, cash, and debt levels...the stock is trading at 2.7 times our FY08 estimates.

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By:rgenius

Date:04 19 07

play on gambling software

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By:Pro

Date:11 30 -1

Upgraded by Goldman Sachs from Sell to Neutral

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By:Pro

Date:11 30 -1

Downgraded by Goldman Sachs from Neutral to Sell

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By:Guest

Date:11 30 -1

Progressive Gaming International Corp. (NASDAQ: PGIC, $8.20, Buy - Price Target: $11) Founded in 1986, Mikohn Gaming Corporation, d/b/a Progressive Gaming International Corp., is a leading supplier to gaming operators worldwide. The company began as a supplier of progressive jackpot systems. During the 1990s, through equity (1993-IPO) and debt (1995) raises, the company funded acquisitions and internal development to diversify its product and service offerings. By August 2002, the companys capital-intensive model was mired in debt and competition was fierce. In response, the company began a major restructuring, which entailed a shift in the overall business strategy from Built and Serviced by to Licensed from. Today, licensed in over 200 jurisdictions worldwide, the company is a leading worldwide provider of innovative technology-based products for gaming operators concentrated in table and slot game content and software systems.

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Why I Hate This Stock

By:Franco Campo

Date:01 10 07

i love gaming

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